Question: 1 Exercise 3-1 (Algo) Balance sheet; missing elements (L03-2, 3-3, 3-8) The following December 31, 2021, fiscal year-end account balance Information is available for the
1 Exercise 3-1 (Algo) Balance sheet; missing elements (L03-2, 3-3, 3-8) The following December 31, 2021, fiscal year-end account balance Information is available for the Stonebridge Corporation: 1 points Bock Cash and cash equivalents Accounts receivable (net) Inventory Property, plant, and equipment (net) Accounts payable Salaries payable Paid-in capital Print $ 6,100 31,000 71,000 175,000 50,000 22,000 155,000 References The only asset not listed is short-term investments. The only liabilities not listed are $41,000 notes payable due in two years and related accrued interest of $1,000 due in four months. The current ratio at year-end is 15:1. Required: Determine the following at December 31, 2021: 1. Total current assets 2. Short-term investments 3. Ratained earings $ 109.500 1.400 ME
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